Question: please reference the following attachment 4.1 (20 mks) Find the core payoffs both graphically and algebraically for the following game T = (N, V(.)}: N

please reference the following attachment

please reference the following attachment 4.1 (20 mks) Find the core payoffs

4.1 (20 mks) Find the core payoffs both graphically and algebraically for the following game T = (N, V(.)}: N = (1, 2, 3}, v(1) = v(2) = v(3) = 0, v(12) = 2.5, v(13) = 2, v(23) = 1.5, v(123) = 4. 4.2 (20 mks) Consider I = {N, v(.)}, where N = {1, 2, 3}, v(1) =0, v(2) = v(3) = 0.8, v(12) = v(13) = v(23) = 2.4, v(123) = 4.8. a) Compute its Shapley value; b) Show that the Shapley is in the core

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!